Reuters, The Hindu, The Times of India, October 9 report, Modi held bilateral talks with UK Prime Minister Starmer, reaching multiple cooperation agreements in key minerals, defense, trade and other areas, promoting the bilateral partnership to a new stage. In the field of key minerals, both sides announced the establishment of the "Key Minerals Industry Association" and launched the second phase of the India-UK Key Minerals Supply Chain Observatory, aiming to strengthen the resilience of resource supply chains and help global energy transition and promotion of green technology. In terms of defense cooperation, India and the UK signed a contract worth $468 million (468 million dollars), under which the UK will supply lightweight multi-purpose missiles produced in the UK to the Indian military, while advancing a joint research and development project for electric engines of naval ships with an initial amount of 250 million pounds (250 million pounds). In the economic and trade field, the two countries are accelerating the progress of the Free Trade Agreement (FTA), planning to finalize the agreement within one year, and mutually exempting tariffs on goods such as Scottish whisky and Indian spices, with the goal of increasing bilateral trade by $34 billion (34 billion dollars) by 2040. Previously, Starmer said that Indian companies have announced investments of $1.75 billion (1.75 billion dollars) in the UK, expected to create thousands of jobs.
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